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Buying a house is a huge investment – most likely it is the largest single transaction you will ever make. The last thing you want is to get saddled with surprise costs, a mortgage you cannot afford, or find problems with your new house that could have been found earlier with a proper home inspection. With Homebuyer Education, you will come into your housing search with valuable information about the process that will help you navigate the technicalities and avoid falling into a money pit.

You will learn:

The advantages of homeownership

Steps in the home buying process

The costs of homeownership

Why good credit is important

How to determine how much house you can afford

Who is on your home buying team

Mortgage loan basics

How to maintain your investment

This 2-part seminar will take place on September 22 and September 29, 2015 from 6 - 9 p.m. at the Washtenaw Learning Resource Center, 4135 Washtenaw Avenue, Ann Arbor, MI 48108. Classes are free and open to the public. Register is required by calling (734) 222-9595.

To further assist you in the home buying process, learn more about your own financial health! Take the survey at www.mimoneyhealth.org/financial_health_survey and get your financial health score today! It’s confidential and your answers never connect back to your name. This survey can help you evaluate your current financial situation, provide ideas on how you may improve your financial health, and connect you to resources in your local community.